Board Change • May 20
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 6 highly experienced directors. President, CEO & Director Ned Coletta was the last director to join the board, commencing their role in 2026. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Duyuru • May 03
Casella Waste Systems, Inc. Revises Earnings Guidance for Fiscal Year Ending December 31, 2026 Casella Waste Systems, Inc. revised earnings guidance for fiscal year ending December 31, 2026. For the period, the company expects Revenues between $2.060 billion and $2.080 billion (raised from a range of $1.970 billion to $1.990 billion) and Net income between $4 and $10 million (lowered from a range of $16 million to $22 million). Raised 2026 guidance for revenues. Duyuru • Apr 21
Casella Waste Systems, Inc., Annual General Meeting, Jun 04, 2026 Casella Waste Systems, Inc., Annual General Meeting, Jun 04, 2026. Duyuru • Apr 08
Casella Waste Systems, Inc. to Report Q1, 2026 Results on Apr 30, 2026 Casella Waste Systems, Inc. announced that they will report Q1, 2026 results After-Market on Apr 30, 2026 Duyuru • Apr 03
Casella Waste Systems, Inc. (NasdaqGS:CWST) acquired Star Waste Systems, LLC. Casella Waste Systems, Inc. (NasdaqGS:CWST) acquired Star Waste Systems, LLC on April 1, 2026. The deal was funded through a combination of cash on hand and debt from the company's revolving credit facility. The acquired business includes three solid waste collection locations and a construction and demolition (C&D) processing and transfer station. The acquisition is expected to contribute approximately $100 million in annualized revenue.
Casella Waste Systems, Inc. (NasdaqGS:CWST) completed the acquisition of Star Waste Systems, LLC on April 1, 2026. Duyuru • Mar 17
Casella Waste Systems, Inc. Appoints Christopher A. Rains as Senior Vice President and Chief Revenue Officer Casella Waste Systems, Inc. announced that Christopher A. Rains has joined its executive leadership team as Senior Vice President and Chief Revenue Officer (CRO). Mr. Rains brings more than two decades of senior commercial, operational, and customer-focused leadership experience across Fortune 300, private equity-backed, and founder-led organizations. He has a proven track record of driving profitable revenue growth, building high-performing teams, and leading complex organizational transformations. Prior to joining Casella, Mr. Rains served as Chief Commercial Officer and Head of Sales Excellence at Hidden Harbor Capital Partners, where he led revenue growth initiatives across more than 20 portfolio companies and implemented scalable sales processes to enhance commercial performance. Mr. Rains previously served as Chief Operating Officer of Keter Environmental Services, where he oversaw a $650 million operating platform and more than 450 employees, leading initiatives to scale operations and improve profitability. Earlier in his career, Mr. Rains served as Vice President of Sales at United States Steel Corporation, where he was responsible for commercial strategy, business development, and sales operations. Prior to U.S. Steel, he spent more than 20 years at Republic Services, Inc., holding several senior leadership roles including Vice President of Customer Experience, Area President, and Region Vice President of Sales, where he led large operating regions and enterprise customer experience initiatives across the company’s national platform. Mr. Rains holds a Bachelor of Science degree in Marketing from Delta State University and is a Lean Six Sigma Black Belt certified through Villanova University. Duyuru • Feb 20
Casella Waste Systems, Inc. Provides Earnings Guidance for Fiscal Year Ending December 21, 2026 Casella Waste Systems, Inc. provided earnings guidance for fiscal year ending December 21, 2026. For the period, the company expects Revenues between $1.970 billion and $1.990 billion and Net income between $16 million and $22 million. Duyuru • Jan 28
Casella Waste Systems, Inc. to Report Q4, 2025 Results on Feb 19, 2026 Casella Waste Systems, Inc. announced that they will report Q4, 2025 results After-Market on Feb 19, 2026 Board Change • Dec 30
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 6 highly experienced directors. Independent Director Gary Sova was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Duyuru • Oct 31
Casella Waste Systems, Inc. Reaffirms Earnings Guidance for Fiscal Year Ending December 31, 2025 Casella Waste Systems, Inc. updated earnings guidance for fiscal year ending December 31, 2025. The Company updated guidance for the fiscal year ending December 31, 2025 by estimating Revenues between $1.830 billion and $1.840 billion (raised the lower end from $1.820 billion to $1.830 billion); and reaffirmed guidance for fiscal year 2025 by estimating Net income between $8 million and $18 million. Duyuru • Oct 14
Casella Waste Systems, Inc. to Report Q3, 2025 Results on Oct 30, 2025 Casella Waste Systems, Inc. announced that they will report Q3, 2025 results After-Market on Oct 30, 2025 Duyuru • Aug 01
Casella Waste Systems, Inc. Revises Earnings Guidance for the Year Ending December 31, 2025 Casella Waste Systems, Inc. revised earnings guidance for the year ending December 31, 2025. For the year company expects Revenues between $1.820 billion and $1.840 billion (raised from a range of $1.775 billion to $1.805 billion); Net income between $8 million and $18 million (revised from a range of $10 million to $25 million). Duyuru • Jul 15
Casella Waste Systems, Inc. to Report Q2, 2025 Results on Jul 31, 2025 Casella Waste Systems, Inc. announced that they will report Q2, 2025 results After-Market on Jul 31, 2025 Duyuru • May 02
Casella Waste Systems, Inc. Reaffirms Earnings Guidance for the Fiscal Year Ending December 31, 2025 Casella Waste Systems, Inc. reaffirmed earnings guidance for the fiscal year ending December 31, 2025. For the year, the company expects Revenues between $1.775 billion and $1.805 billion, and Net income between $10 million and $25 million. Duyuru • Apr 21
Casella Waste Systems, Inc., Annual General Meeting, Jun 05, 2025 Casella Waste Systems, Inc., Annual General Meeting, Jun 05, 2025. Duyuru • Apr 10
Casella Waste Systems, Inc. to Report Q1, 2025 Results on May 01, 2025 Casella Waste Systems, Inc. announced that they will report Q1, 2025 results After-Market on May 01, 2025 Duyuru • Feb 13
Casella Waste Systems, Inc. Provides Earnings Guidance for the Fiscal Year Ending December 31, 2025 Casella Waste Systems, Inc. provided earnings guidance for the fiscal year ending December 31, 2025. For the year, the company expects revenues between $1.775 billion and $1.805 billion and net income between $10 million and $25 million. Duyuru • Feb 06
Casella Waste Systems, Inc. (NasdaqGS:CWST) acquired Save That Stuff, Inc. Casella Waste Systems, Inc. (NasdaqGS:CWST) acquired Save That Stuff, Inc on February 3, 2025. Erik Levy and his team have joined the company as part of the transaction.
Casella Waste Systems, Inc. (NasdaqGS:CWST) completed the acquisition of Save That Stuff, Inc on February 3, 2025. Duyuru • Jan 21
Casella Waste Systems, Inc. to Report Q4, 2024 Results on Feb 12, 2025 Casella Waste Systems, Inc. announced that they will report Q4, 2024 results After-Market on Feb 12, 2025 Recent Insider Transactions • Nov 06
President recently sold €1.8m worth of stock On the 4th of November, Edmond Coletta sold around 20k shares on-market at roughly €91.95 per share. This transaction amounted to 12% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Edmond has been a net seller over the last 12 months, reducing personal holdings by €2.6m. Buy Or Sell Opportunity • Nov 06
Now 24% overvalued after recent price rise Over the last 90 days, the stock has risen 5.1% to €97.96. The fair value is estimated to be €78.98, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has declined by 48%. Revenue is forecast to grow by 21% in 2 years. Earnings are forecast to grow by 983% in the next 2 years. Reported Earnings • Nov 01
Third quarter 2024 earnings released: EPS: US$0.098 (vs US$0.31 in 3Q 2023) Third quarter 2024 results: EPS: US$0.098 (down from US$0.31 in 3Q 2023). Revenue: US$411.6m (up 17% from 3Q 2023). Net income: US$5.77m (down 68% from 3Q 2023). Profit margin: 1.4% (down from 5.2% in 3Q 2023). Revenue is forecast to grow 9.4% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Duyuru • Oct 31
Casella Waste Systems, Inc. Revises Earnings Guidance for the Fiscal Year Ending December 31, 2024 Casella Waste Systems, Inc. revised earnings guidance for the fiscal year ending December 31, 2024. For the year, the company expects revenues between $1.520 billion and $1.550 billion. Net income between $10 million and $20 million (lowered from a range of $15 million and $25 million). Duyuru • Oct 15
Casella Waste Systems, Inc. to Report Q3, 2024 Results on Oct 30, 2024 Casella Waste Systems, Inc. announced that they will report Q3, 2024 results After-Market on Oct 30, 2024 New Risk • Sep 21
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 8.1% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.0x net interest cover). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.3% net profit margin). Shareholders have been diluted in the past year (8.1% increase in shares outstanding). Duyuru • Sep 19
Casella Waste Systems, Inc. has completed a Follow-on Equity Offering in the amount of $450 million. Casella Waste Systems, Inc. has completed a Follow-on Equity Offering in the amount of $450 million.
Security Name: Class A Common Stock
Security Type: Common Stock
Securities Offered: 4,500,000
Price\Range: $100
Discount Per Security: $4 Duyuru • Sep 18
Casella Waste Systems, Inc. has filed a Follow-on Equity Offering in the amount of $400 million. Casella Waste Systems, Inc. has filed a Follow-on Equity Offering in the amount of $400 million.
Security Name: Class A Common Stock
Security Type: Common Stock Reported Earnings • Aug 02
Second quarter 2024 earnings released: EPS: US$0.12 (vs US$0.10 in 2Q 2023) Second quarter 2024 results: EPS: US$0.12 (up from US$0.10 in 2Q 2023). Revenue: US$377.2m (up 30% from 2Q 2023). Net income: US$7.01m (up 28% from 2Q 2023). Profit margin: 1.9% (in line with 2Q 2023). Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has increased by 17% per year, which means it is well ahead of earnings. Duyuru • Jul 09
Casella Waste Systems, Inc. to Report Q2, 2024 Results on Aug 01, 2024 Casella Waste Systems, Inc. announced that they will report Q2, 2024 results After-Market on Aug 01, 2024 Buy Or Sell Opportunity • Jul 06
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 3.8% to €90.18. The fair value is estimated to be €75.10, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has declined by 44%. Revenue is forecast to grow by 20% in 2 years. Earnings are forecast to grow by 290% in the next 2 years. Duyuru • Apr 27
Casella Waste Systems, Inc. Reaffirms Earnings Guidance for the Year Ending December 31, 2024 Casella Waste Systems, Inc. reaffirmed earnings guidance for the year ending December 31, 2024. For the year, the company expects revenues between $1.480 billion and $1.510 billion and net income between $35 million and $45 million. Reported Earnings • Apr 26
First quarter 2024 earnings released: US$0.071 loss per share (vs US$0.069 profit in 1Q 2023) First quarter 2024 results: US$0.071 loss per share (down from US$0.069 profit in 1Q 2023). Revenue: US$341.0m (up 30% from 1Q 2023). Net loss: US$4.12m (down 216% from profit in 1Q 2023). Revenue is forecast to grow 7.6% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has increased by 17% per year, which means it is well ahead of earnings. Duyuru • Apr 21
Casella Waste Systems, Inc., Annual General Meeting, Jun 06, 2024 Casella Waste Systems, Inc., Annual General Meeting, Jun 06, 2024, at 10:00 US Eastern Standard Time. Agenda: To elect three Class III directors, each to serve for a term expiring at the 2027 Annual Meeting of Stockholders; to approve the amendment and restatement of the Casella Waste Systems, Inc. 2016 Incentive Plan; to approve, in an advisory “say-on-pay” vote, the compensation of named executive officers; to ratify the appointment of RSM US LLP, an independent registered public accounting firm, as independent auditors for the fiscal year ending December 31, 2024; and to transact such other business as may properly come before the 2024 Annual Meeting and any postponement, adjournment, rescheduling or continuation thereof. Duyuru • Apr 09
Casella Waste Systems, Inc. to Report Q1, 2024 Results on Apr 25, 2024 Casella Waste Systems, Inc. announced that they will report Q1, 2024 results After-Market on Apr 25, 2024 Buy Or Sell Opportunity • Mar 16
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 11% to €88.04. The fair value is estimated to be €72.91, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has declined by 40%. For the next 3 years, revenue is forecast to grow by 8.3% per annum. Earnings are also forecast to grow by 37% per annum over the same time period. Recent Insider Transactions • Mar 03
Chairman recently sold €1.7m worth of stock On the 28th of February, John Casella sold around 20k shares on-market at roughly €83.32 per share. This transaction amounted to 49% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. John has been a net seller over the last 12 months, reducing personal holdings by €4.4m. Reported Earnings • Feb 16
Full year 2023 earnings released: EPS: US$0.46 (vs US$1.03 in FY 2022) Full year 2023 results: EPS: US$0.46 (down from US$1.03 in FY 2022). Revenue: US$1.26b (up 17% from FY 2022). Net income: US$25.4m (down 52% from FY 2022). Profit margin: 2.0% (down from 4.9% in FY 2022). Revenue is forecast to grow 9.0% p.a. on average during the next 3 years, compared to a 3.8% decline forecast for the Commercial Services industry in Germany. Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has increased by 21% per year, which means it is well ahead of earnings. Duyuru • Feb 16
Casella Waste Systems, Inc. Provides Earnings Guidance for the Year Ending December 31, 2024 Casella Waste Systems, Inc. provided earnings guidance for the year ending December 31, 2024. For the year, the company expects revenues between $1.480 billion and $1.510 billion (as compared to $1.265 billion in fiscal year 2023) and net income between $35 million and $45 million (as compared to $25.4 million in fiscal year 2023). Overall, the Company expects revenue growth of between approximately 17% and 19% in fiscal year 2024, including approximately 14% (or $175 million) of revenue growth from the roll-over impact of acquisitions completed during fiscal year 2023. Duyuru • Feb 06
Casella Waste Systems, Inc. to Report Q4, 2023 Results on Feb 15, 2024 Casella Waste Systems, Inc. announced that they will report Q4, 2023 results After-Market on Feb 15, 2024 Duyuru • Nov 04
Casella Waste Systems, Inc. Appoints Bradford J. Helgeson as Chief Financial Officer, Effective November 6, 2023 On October 31, 2023, the Board of Directors of Casella Waste Systems, Inc. appointed Bradford J. Helgeson as a Chief Financial Officer of the Company, effective November 6, 2023. Mr. Helgeson previously served as the Executive Vice President and Chief Financial Officer of Covanta Holding Corporation, a waste and energy services company (“Covanta”), from November 2013 until June 2022. Prior to that, he served as Vice President and Treasurer of Covanta from May 2007 to November 2013. Mr. Helgeson started in the environmental services industry as the Vice President of Finance and Treasurer at Waste Services, Inc. from 2004 to 2007 after an investment banking career at Lehman Brothers and Donaldson, Lufkin & Jenrette from 1998 to 2004. Mr. Helgeson holds a Bachelor of Arts degree in Economics and History from Bowdoin College. Reported Earnings • Nov 02
Third quarter 2023 earnings released: EPS: US$0.31 (vs US$0.44 in 3Q 2022) Third quarter 2023 results: EPS: US$0.31 (down from US$0.44 in 3Q 2022). Revenue: US$352.7m (up 20% from 3Q 2022). Net income: US$18.2m (down 20% from 3Q 2022). Profit margin: 5.2% (down from 7.7% in 3Q 2022). Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings. Duyuru • Oct 20
Casella Waste Systems, Inc. to Report Q3, 2023 Results on Nov 01, 2023 Casella Waste Systems, Inc. announced that they will report Q3, 2023 results After-Market on Nov 01, 2023 Recent Insider Transactions • Aug 26
President & CFO recently sold €753k worth of stock On the 23rd of August, Edmond Coletta sold around 10k shares on-market at roughly €75.26 per share. This transaction amounted to 6.2% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €2.7m. This was Edmond's only on-market trade for the last 12 months. Recent Insider Transactions • Aug 06
Chairman recently sold €2.7m worth of stock On the 2nd of August, John Casella sold around 36k shares on-market at roughly €74.44 per share. This transaction amounted to 98% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. John has been a net seller over the last 12 months, reducing personal holdings by €4.2m. Board Change • Aug 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 5 highly experienced directors. Independent Director Gary Sova was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. New Risk • Jul 28
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 31% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 1.2% per year for the foreseeable future. Minor Risks High level of debt (55% net debt to equity). Large one-off items impacting financial results. Shareholders have been diluted in the past year (12% increase in shares outstanding). Duyuru • Jul 28
Casella Waste Systems, Inc. Revises Earnings Guidance for the Year Ending December 31, 2023 Casella Waste Systems, Inc. revised earnings guidance for the year ending December 31, 2023. For the year 2023, the company expects revenues between $1.240 billion and $1.265 billion (raised from a range of $1.150 billion to $1.180 billion); Net income between $41 million and $47 million (updated from a range of $56 million to $62 million). Reported Earnings • Jul 28
Second quarter 2023 earnings released: EPS: US$0.10 (vs US$0.34 in 2Q 2022) Second quarter 2023 results: EPS: US$0.10 (down from US$0.34 in 2Q 2022). Revenue: US$289.6m (up 2.1% from 2Q 2022). Net income: US$5.49m (down 69% from 2Q 2022). Profit margin: 1.9% (down from 6.3% in 2Q 2022). Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings. Duyuru • Jul 14
Casella Waste Systems, Inc. to Report Q2, 2023 Results on Jul 27, 2023 Casella Waste Systems, Inc. announced that they will report Q2, 2023 results After-Market on Jul 27, 2023 New Risk • Jul 12
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 8.2% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 8.2% per year for the foreseeable future. Minor Risks High level of debt (95% net debt to equity). Shareholders have been diluted in the past year (12% increase in shares outstanding). Duyuru • Jun 15
Casella Waste Systems, Inc. has completed a Follow-on Equity Offering in the amount of $450.000009 million. Casella Waste Systems, Inc. has completed a Follow-on Equity Offering in the amount of $450.000009 million.
Security Name: Class A Common Stock
Security Type: Common Stock
Securities Offered: 5,263,158
Price\Range: $85.5 New Risk • Jun 15
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 11% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks High level of debt (95% net debt to equity). Shareholders have been diluted in the past year (11% increase in shares outstanding). Duyuru • Jun 13
Casella Waste Systems, Inc. (NasdaqGS:CWST) entered in an asset purchase agreement to acquire Assets of Consolidated Waste Services, LLC for approximately $220 million. Casella Waste Systems, Inc. (NasdaqGS:CWST) entered in an asset purchase agreement to acquire Assets of Consolidated Waste Services, LLC for approximately $220 million on June 9, 2023. In connection with the Twin Bridges Acquisition, Casella entered into a commitment letter with Raymond James Bank, Stifel Bank & Trust and Stifel, Nicolaus & Company, Incorporated to obtain an unsecured 364-day bridge loan facility of up to $200.0 million. The transaction will be funded with a portion of the net proceeds from the offering, together with cash on hand. The transaction is subject to customary closing conditions, including the expiration or termination of any applicable waiting period under the HSR Act, and the absence of any order issued by any governmental authority or law restraining, enjoining or otherwise prohibiting the consummation of the transactions contemplated by the Twin Bridges Purchase Agreement. The acquisition was unanimously approved by Casella's Board of Directors, and is subject to customary closing conditions, including regulatory approvals. The transaction is expected to close by the fourth quarter of 2023. Reported Earnings • Apr 29
First quarter 2023 earnings released: EPS: US$0.069 (vs US$0.081 in 1Q 2022) First quarter 2023 results: EPS: US$0.069 (down from US$0.081 in 1Q 2022). Revenue: US$262.6m (up 12% from 1Q 2022). Net income: US$3.55m (down 15% from 1Q 2022). Profit margin: 1.4% (down from 1.8% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.9% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 24% per year, which means it is well ahead of earnings. Reported Earnings • Feb 18
Full year 2022 earnings released: EPS: US$1.03 (vs US$0.80 in FY 2021) Full year 2022 results: EPS: US$1.03 (up from US$0.80 in FY 2021). Revenue: US$1.09b (up 22% from FY 2021). Net income: US$53.1m (up 29% from FY 2021). Profit margin: 4.9% (up from 4.6% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.7% p.a. on average during the next 3 years, compared to a 6.1% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 13% per year, which means it is tracking significantly ahead of earnings growth. Duyuru • Feb 17
Casella Waste Systems, Inc. Provides Earnings Guidance for the Fiscal Year 2023 Casella Waste Systems, Inc. provided earnings guidance for the fiscal year 2023. For the period, the company expects revenues between $1.150 billion and $1.180 billion (as compared to $1.085 billion in fiscal year 2022); Net income between $56 million and $62 million (as compared to $53.1 million in fiscal year 2022). Duyuru • Jan 18
Casella Waste Systems, Inc. to Report Q4, 2022 Results on Feb 16, 2023 Casella Waste Systems, Inc. announced that they will report Q4, 2022 results at 4:00 PM, US Eastern Standard Time on Feb 16, 2023 Duyuru • Dec 09
Casella Waste Systems, Inc. Announces First Electric Refuse Vehicle in Vermont Casella Waste Systems, Inc. introduced its Mack®LR Electric model, the first electric refuse vehicle in the State of Vermont, in a ceremony at the Killington Grand Hotel in front of over 100 onlookers including local and state representatives, local business leaders, customers, employees, and more. The event was highlighted by remarks from Vermont Governor, Phil Scott, who referred to the announcement as another exciting step in Vermont’s efforts to electrify the transportation sector. Casella’s LR Electric refuse truck is the first in its fleet and has been equipped with an automated side-loader with a split body for collecting waste and recycling simultaneously. By switching one truck from diesel to electric, Casella expects to conserve over 7,500 gallons of diesel fuel per year, which has an immediate benefit to air and climate. Because the fleet will be charging with Green Mountain Power, which delivers 100% carbon-free electricity, the company expects to eliminate over 78 metric tons of greenhouse gas emissions per year, which is equivalent to taking around 16 passenger vehicles off the road. The Mack LR E will be used on residential routes in the Rutland Region and was partially made possible when Casella successfully secured grant funding through the Vermont Department of Environmental Conservation’s Volkswagen Environmental Mitigation Trust. Casella believes that Vermont will provide the right proving ground for the pilot program, testing against the mountainous terrain and cold winters. Recent Insider Transactions • Nov 16
Vice Chairman recently sold €4.1m worth of stock On the 7th of November, Douglas Casella sold around 50k shares on-market at roughly €81.00 per share. This transaction amounted to 25% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Douglas has been a net seller over the last 12 months, reducing personal holdings by €7.2m. Recent Insider Transactions • Nov 09
Vice Chairman recently sold €4.1m worth of stock On the 7th of November, Douglas Casella sold around 50k shares on-market at roughly €81.00 per share. This transaction amounted to 25% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Douglas has been a net seller over the last 12 months, reducing personal holdings by €7.2m. Reported Earnings • Oct 28
Third quarter 2022 earnings released: EPS: US$0.44 (vs US$0.31 in 3Q 2021) Third quarter 2022 results: EPS: US$0.44 (up from US$0.31 in 3Q 2021). Revenue: US$295.3m (up 22% from 3Q 2021). Net income: US$22.7m (up 43% from 3Q 2021). Profit margin: 7.7% (up from 6.6% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 9.5% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has increased by 26% per year, which means it is tracking significantly ahead of earnings growth. Duyuru • Oct 28
Casella Waste Systems, Inc. Raises Earnings Guidance for the Fiscal Year 2022 Casella Waste Systems, Inc. revised earnings guidance for the fiscal year 2022. For the period, the company expects revenue to be between $1.065 billion and $1.080 billion (raised from a range of $1.035 billion to $1.050 billion) and net income to be between $53 million and $56 million (raised from a range of $50 million to $54 million). Buying Opportunity • Oct 11
Now 21% undervalued Over the last 90 days, the stock is up 1.4%. The fair value is estimated to be €92.03, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Earnings per share has grown by 28%. Revenue is forecast to grow by 18% in 2 years. Earnings is forecast to grow by 47% in the next 2 years. Duyuru • Oct 05
Casella Waste Systems, Inc. to Report Q3, 2022 Results on Oct 27, 2022 Casella Waste Systems, Inc. announced that they will report Q3, 2022 results After-Market on Oct 27, 2022 Recent Insider Transactions • Aug 25
Vice Chairman recently sold €1.7m worth of stock On the 22nd of August, Douglas Casella sold around 20k shares on-market at roughly €84.48 per share. This was the largest sale by an insider in the last 3 months. Douglas has been a seller over the last 12 months, reducing personal holdings by €3.1m. Recent Insider Transactions • Aug 07
President & CFO recently sold €819k worth of stock On the 4th of August, Edmond Coletta sold around 10k shares on-market at roughly €81.90 per share. This was the largest sale by an insider in the last 3 months. Edmond has been a seller over the last 12 months, reducing personal holdings by €2.2m. Reported Earnings • Jul 30
Second quarter 2022 earnings released: EPS: US$0.34 (vs US$0.23 in 2Q 2021) Second quarter 2022 results: EPS: US$0.34 (up from US$0.23 in 2Q 2021). Revenue: US$283.7m (up 31% from 2Q 2021). Net income: US$17.8m (up 51% from 2Q 2021). Profit margin: 6.3% (up from 5.5% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 5.4%, compared to a 5.3% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 28% per year and the company’s share price has also increased by 28% per year. Duyuru • Jul 29
Casella Waste Systems, Inc. Revises Earnings Guidance for the Fiscal Year 2022 Casella Waste Systems, Inc. revised earnings guidance for the fiscal year 2022. For the year, the company expects revenues between $1.035 billion and $1.050 billion and · net income between $50 million and $54 million against raised from revenues range of $1.005 billion to $1.020 billion) and raised net income from a range of $48 million to $52 million. Duyuru • Jul 08
Casella Waste Systems, Inc. to Report Q2, 2022 Results on Jul 28, 2022 Casella Waste Systems, Inc. announced that they will report Q2, 2022 results After-Market on Jul 28, 2022 Reported Earnings • Apr 30
First quarter 2022 earnings released: EPS: US$0.081 (vs US$0.084 in 1Q 2021) First quarter 2022 results: EPS: US$0.081 (down from US$0.084 in 1Q 2021). Revenue: US$234.0m (up 24% from 1Q 2021). Net income: US$4.19m (down 2.8% from 1Q 2021). Profit margin: 1.8% (down from 2.3% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 7.4%, compared to a 16% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 35% per year, which means it is significantly lagging earnings growth. Duyuru • Apr 22
Casella Waste Systems Announces Senior Leadership Succession Plan Casella Waste Systems, Inc. announced that the Company’s President & Chief Operating Officer, Edwin D. Johnson, plans to retire on June 30, 2022. The Company also announced that its Senior Vice President, Chief Financial Officer and Treasurer, Edmond “Ned” R. Coletta, will assume the role of President & Chief Financial Officer effective July 1, 2022. Also, on July 1, 2022, the Company plans to promote Sean M. Steves, its current Senior Vice President of Operations, to Senior Vice President and Chief Operating Officer of Solid Waste Operations; and promote Jason M. Mead from his current role of Vice President of Finance to Senior Vice President of Finance & Treasurer. Ned Coletta has served as Senior Vice President, Chief Financial Officer and Treasurer since December 2012. Mr. Coletta joined the Company in December 2004 and previously served as Vice President of Finance and Investor Relations from January 2011 to December 2012. From 2002 until he joined the Company, Mr. Coletta served as the Chief Financial Officer and was a member of the Board of Directors of Avedro, Inc. an early-stage medical device company that he co-founded. From 1997 to 2001, he served as a research and development engineer for Lockheed Martin Michoud Space Systems. Mr. Coletta holds an MBA from the Tuck School of Business at Dartmouth College and a Bachelor of Science degree from Brown University in Materials Science Engineering. Sean Steves has served as Senior Vice President of Operations since 2019. Mr. Steves joined the Company in April 2018 as Vice President of Operational Initiatives. Mr. Steves has helped to improve operating performance through his leadership and implementation of key programs such as service excellence, fleet automation, dynamic route optimization and on-board computing. From 2016 until he joined the Company in 2018, he was the Director of Operations Support for Republic Services, Inc. Mr. Steves has 25 years of Operations experience in the waste industry starting as a transfer station scale operator. He has held roles of increasing responsibility ever since, including Operations Supervisor, Operations Manager, and General Manager. Mr. Steves holds a Bachelor of Arts degree from DePaul University with a concentration in Sustainable Management. Jason Mead has served as Vice President of Finance since February 2021. Mr. Mead joined the Company in June 2010 and has served in finance roles of increasing responsibility during this period. Mr. Mead has been instrumental in improving budgeting and forecasting process, implementing pricing strategy and improving execution, and helping to create and implement risk management programs. From 2007 until he joined the Company, Mr. Mead held various finance roles at Fidelity Investments Inc.Mr. Mead holds a BS in Business Administration with a concentration in Finance from the University of Vermont. Mr. Johnson plans to stay on in an advisory capacity for the remainder of 2022 to ensure a seamless transition. Duyuru • Apr 16
Casella Waste Systems, Inc., Annual General Meeting, Jun 02, 2022 Casella Waste Systems, Inc., Annual General Meeting, Jun 02, 2022, at 10:00 US Eastern Standard Time. Agenda: To consider to elect three Class I directors, each to serve for a term expiring at the 2025 Annual Meeting of Stockholders; to approve, in an advisory say-on-pay vote, the compensation of company named executive officers, as described in the Compensation Discussion and Analysis, executive compensation tables and accompanying narrative disclosures in this proxy statement; to ratify the appointment of RSM US LLP, an independent registered public accounting firm, as our independent auditors for the fiscal year ending December 31, 2022; and to transact such other business as may properly come before the 2022 Annual Meeting and any postponement, adjournment, rescheduling or continuation thereof. Duyuru • Apr 07
Casella Waste Systems, Inc. to Report Q1, 2022 Results on Apr 28, 2022 Casella Waste Systems, Inc. announced that they will report Q1, 2022 results After-Market on Apr 28, 2022 Duyuru • Apr 01
Casella Waste Systems, Inc. Announces Appointment of Kevin J. Drohan as Chief Accounting Officer Casella Waste Systems, Inc. announced the promotion of Kevin J. Drohan, its Corporate Controller, to Chief Accounting Officer effective April 1, 2022. As previously announced, Christopher B. Heald retired March 31, 2022 from his position as the Company’s Chief Accounting Officer, after a 20-year career with the company. Since August 2021, Mr. Drohan has served as Corporate Controller for Casella. From 2015 until he joined Casella, Mr. Drohan served as the Corporate Controller for Sprague Resources, LP. Recent Insider Transactions • Mar 12
Senior VP recently sold €1.4m worth of stock On the 8th of March, Edmond Coletta sold around 18k shares on-market at roughly €77.09 per share. This was the largest sale by an insider in the last 3 months. Edmond has been a seller over the last 12 months, reducing personal holdings by €2.0m. Duyuru • Mar 04
Casella Waste Systems, Inc. (NasdaqGS:CWST) acquired Assets of Northstar Pulp & Paper Co., Inc., Northstar Disposal Corp. and Real Estate Holdings from Northstar Pulp & Paper Co., Inc. and Northstar Disposal Corp. Casella Waste Systems, Inc. (NasdaqGS:CWST) acquired Assets of Northstar Pulp & Paper Co., Inc., Northstar Disposal Corp. and Real Estate Holdings from Northstar Pulp & Paper Co., Inc. and Northstar Disposal Corp. on March 1, 2022.
Casella Waste Systems, Inc. (NasdaqGS:CWST) completed the acquisition of Assets of Northstar Pulp & Paper Co., Inc., Northstar Disposal Corp. and Real Estate Holdings from Northstar Pulp & Paper Co., Inc. and Northstar Disposal Corp. on March 1, 2022. Reported Earnings • Feb 18
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Full year 2021 results: EPS: US$0.80 (down from US$1.87 in FY 2020). Revenue: US$889.2m (up 15% from FY 2020). Net income: US$41.1m (down 55% from FY 2020). Profit margin: 4.6% (down from 12% in FY 2020). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.7%. Over the next year, revenue is forecast to grow 9.1%, compared to a 23% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth. Duyuru • Feb 18
Casella Waste Systems, Inc. Provides Earnings Guidance for the Year Ending December 31, 2022 2022 Casella Waste Systems, Inc. provided earnings guidance for the year ending December 31, 2022. For the year, revenues between $980 million and $995 million (as compared to $889.2 million in fiscal year 2021) and net income between $48 million and $52 million (as compared to $41.1 million in fiscal year 2021). Overall, the Company expects revenue growth of between 10.2% and 11.9% in fiscal year 2022, including approximately 6.2% (or $55 million) revenue growth from the roll-over impact of acquisitions completed during fiscal year 2021 and those already completed in early fiscal year 2022. Recent Insider Transactions • Nov 24
President & COO recently sold €2.4m worth of stock On the 18th of November, Edwin Johnson sold around 31k shares on-market at roughly €78.22 per share. This was the largest sale by an insider in the last 3 months. Edwin has been a seller over the last 12 months, reducing personal holdings by €3.7m. Reported Earnings • Oct 29
Third quarter 2021 earnings released: EPS US$0.31 (vs US$0.31 in 3Q 2020) The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: US$242.0m (up 19% from 3Q 2020). Net income: US$15.9m (up 4.9% from 3Q 2020). Profit margin: 6.6% (down from 7.5% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has only increased by 35% per year, which means it is significantly lagging earnings growth. Recent Insider Transactions • Aug 08
Chairman recently sold €6.5m worth of stock On the 6th of August, John Casella sold around 112k shares on-market at roughly €58.35 per share. This was the largest sale by an insider in the last 3 months. This was John's only on-market trade for the last 12 months. Reported Earnings • Jul 30
Second quarter 2021 earnings released: EPS US$0.23 (vs US$0.25 in 2Q 2020) The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: US$215.9m (up 14% from 2Q 2020). Net income: US$11.8m (down 2.7% from 2Q 2020). Profit margin: 5.5% (down from 6.4% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has only increased by 33% per year, which means it is significantly lagging earnings growth. Duyuru • Jun 28
Casella Waste Systems, Inc.(NasdaqGS:CWST) dropped from Russell 2000 Dynamic Index Casella Waste Systems, Inc.(NasdaqGS:CWST) dropped from Russell 2000 Dynamic Index Executive Departure • Jun 17
Independent Director James Callahan has left the company On the 14th of June, James Callahan's tenure as Independent Director ended after 18.3 years in the role. As of March 2021, James still personally held 78.07k shares (€4.2m worth at the time). A total of 3 executives have left over the last 12 months. The current median tenure of the management team is 10.42 years. Executive Departure • Jun 09
Independent Director James O'Connor has left the company On the 2nd of June, James O'Connor's tenure as Independent Director ended after 5.9 years in the role. As of March 2021, James still personally held 15.22k shares (€815k worth at the time). A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 10.42 years. Reported Earnings • May 01
First quarter 2021 earnings released: EPS US$0.084 (vs US$0.02 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: US$189.5m (up 3.6% from 1Q 2020). Net income: US$4.31m (up 350% from 1Q 2020). Profit margin: 2.3% (up from 0.5% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has only increased by 37% per year, which means it is significantly lagging earnings growth. Duyuru • Apr 30
Casella Waste Systems, Inc. Reaffirms Earnings Guidance for the Fiscal Year 2021 Casella Waste Systems, Inc. reaffirmed earnings guidance for the fiscal year 2021. For the year, the company expects revenues between $815 million and $830 million. Net income between $33 million and $37 million. Is New 90 Day High Low • Mar 06
New 90-day high: €51.52 The company is up 9.0% from its price of €47.38 on 04 December 2020. The German market is up 7.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Commercial Services industry, which is up 19% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €39.69 per share. 
